Maureen Adams - 31 Dec 2023 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role
SVP, Gaming Operations
Signature
Paula Chumbley, Attorney-In-Fact for Maureen Adams
Issuer symbol
CHDN
Transactions as of
31 Dec 2023
Net transactions value
-$91,348
Form type
4
Filing time
03 Jan 2024, 16:40:51 UTC
Previous filing
17 Feb 2023
Next filing
12 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Options Exercise $0 +1,468 +16% $0.000000 10,451 31 Dec 2023 Direct F1
transaction CHDN Common Stock Tax liability $91,348 -677 -6.5% $134.93 9,774 31 Dec 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CHDN Restricted Stock Units Options Exercise $0 -1,468 -18% $0.000000 6,540 31 Dec 2023 Common Stock 1,468 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 19, 2023, Churchill Downs Incorporated effected a 2-for-1 stock split. The number of securities reported in this Form 4 have been adjusted to reflect the stock split. The holding includes 238 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan for the period from August 1, 2022 through July 31, 2023.
F2 Based on the closing price of common stock on December 29, 2023.
F3 Restricted stock units do not have a conversion price or expiration date.
F4 Restricted stock vests over a multi-year period.